USF PCard

What's New in PCard

Within the Reconcile Statement page, reconcilers can see old closed transactions,
or new staged transactions that need reviewing and reconciliation. Here, reconcilers
can easily find out which charges have Appian TRs associated to them, as they would
depict a "Y" under the Appian Travel column. If there isn't a TR associated to a charge,
then the field is blank. For more information, click here

Who We Are

Procurement Card (PCard) Services is a unit of the Purchasing Service Department in
the Controller's Office and is responsible for the issuance of PCards, management
& administration of the program, and ensuring compliance with rules, procedures, and
policies related to PCard usage.

All cardholder activity statements and receipts can continue to be forwarded via e-mail
to pcardreceipts@usf.edu or via campus mail to PCard Compliance, SVC 1073.

What is a PCard?

The USF Procurement Card (PCard) is a University of South Florida VISA credit card
issued by JPMorgan Chase.

Purpose of the Program

The USF System PCard Program permits USF System management to authorize the issuance
of PCards to USF System employees. PCards are allowed for purchases of small dollar
commodities and services and travel for official USF system business. The PCard Program
allows for business purchases to be conducted in a more efficient and cost-effective
process across the Procure to Pay system.

PCard Authority

The USF System established a USF System PCard Policy (#5-026) effective August 20,
2009. The Policy describes what is allowable. Also, all PCard purchases are subject
to all of the USF System and Florida Board of Governors regulations, policies and
procedures as well as applicable Florida statues and Federal laws and regulations.

PROGRAM BENEFITS

The USF System PCard Program provides the following benefits:

Streamlines the processes for small dollar orders and payments. The cost of purchasing
goods and services with a PCard is significantly less than purchasing items via a
purchase order.

Allows department personnel more time to perform other important tasks related to
the University's educational mission.

Expands the vendor base by enabling cardholders to buy in person from local vendors,
by telephone or online. Cardholders may also receive the lowest discounted price from
vendors, since vendors will be paid quickly.

Pays merchants within 24 to 72 hours, depending upon when the merchant transmits the
transaction to their servicing bank and how quickly the bank routes transactions to
VISA.